As Conagra Brands (CAG) Market Valuation Declined, Enterprise Financial Services Has Lowered Position; As Tjx Cos (TJX) Market Value Declined, Great Lakes Advisors Decreased Position by $2.86 Million

February 24, 2018 - By mmahotstuff

Enterprise Financial Services Corp decreased its stake in Conagra Brands Inc (CAG) by 92.93% based on its latest 2017Q3 regulatory filing with the SEC. Enterprise Financial Services Corp sold 8,875 shares as the company’s stock declined 4.77% while stock markets rallied. The institutional investor held 675 shares of the consumer non-durables company at the end of 2017Q3, valued at $23,000, down from 9,550 at the end of the previous reported quarter. Enterprise Financial Services Corp who had been investing in Conagra Brands Inc for a number of months, seems to be less bullish one the $14.54 billion market cap company. The stock increased 0.95% or $0.34 during the last trading session, reaching $36.28. About 2.38M shares traded. Conagra Brands, Inc. (NYSE:CAG) has risen 8.39% since February 24, 2017 and is uptrending. It has underperformed by 8.31% the S&P500.

Great Lakes Advisors Llc decreased its stake in Tjx Cos Inc (TJX) by 28.78% based on its latest 2017Q3 regulatory filing with the SEC. Great Lakes Advisors Llc sold 39,160 shares as the company’s stock declined 3.78% while stock markets rallied. The institutional investor held 96,895 shares of the consumer services company at the end of 2017Q3, valued at $7.14M, down from 136,055 at the end of the previous reported quarter. Great Lakes Advisors Llc who had been investing in Tjx Cos Inc for a number of months, seems to be less bullish one the $49.29B market cap company. The stock increased 2.04% or $1.56 during the last trading session, reaching $77.96. About 3.22M shares traded. The TJX Companies, Inc. (NYSE:TJX) has declined 2.02% since February 24, 2017 and is downtrending. It has underperformed by 18.72% the S&P500.

Since October 13, 2017, it had 0 insider buys, and 2 sales for $5.47 million activity. $4.59 million worth of stock was sold by Batcheler Colleen on Friday, October 13.

Analysts await Conagra Brands, Inc. (NYSE:CAG) to report earnings on March, 22. They expect $0.52 earnings per share, up 8.33% or $0.04 from last year’s $0.48 per share. CAG’s profit will be $208.34M for 17.44 P/E if the $0.52 EPS becomes a reality. After $0.55 actual earnings per share reported by Conagra Brands, Inc. for the previous quarter, Wall Street now forecasts -5.45% negative EPS growth.

Among 14 analysts covering ConAgra Foods (NYSE:CAG), 9 have Buy rating, 0 Sell and 5 Hold. Therefore 64% are positive. ConAgra Foods had 46 analyst reports since September 16, 2015 according to SRatingsIntel. UBS upgraded Conagra Brands, Inc. (NYSE:CAG) on Tuesday, December 12 to “Hold” rating. Bernstein downgraded the stock to “Underperform” rating in Tuesday, March 21 report. Credit Suisse maintained the shares of CAG in report on Friday, December 23 with “Neutral” rating. The stock of Conagra Brands, Inc. (NYSE:CAG) earned “Sell” rating by UBS on Friday, June 30. On Monday, September 25 the stock rating was maintained by Morgan Stanley with “Overweight”. Stifel Nicolaus maintained it with “Hold” rating and $3600 target in Monday, July 24 report. RBC Capital Markets maintained Conagra Brands, Inc. (NYSE:CAG) rating on Tuesday, November 7. RBC Capital Markets has “Buy” rating and $45.0 target. Bernstein upgraded the shares of CAG in report on Thursday, December 14 to “Hold” rating. The stock of Conagra Brands, Inc. (NYSE:CAG) has “Buy” rating given on Thursday, July 6 by Jefferies. The firm earned “Neutral” rating on Monday, September 25 by Credit Suisse.

Investors sentiment increased to 0.99 in 2017 Q3. Its up 0.17, from 0.82 in 2017Q2. It is positive, as 53 investors sold CAG shares while 197 reduced holdings. 66 funds opened positions while 181 raised stakes. 310.77 million shares or 1.88% less from 316.73 million shares in 2017Q2 were reported. Wesbanco Natl Bank Inc has invested 0.05% in Conagra Brands, Inc. (NYSE:CAG). Highlander Capital Mgmt accumulated 1,250 shares. Cls Limited Company has 0% invested in Conagra Brands, Inc. (NYSE:CAG). Wellington Grp Inc Llp accumulated 87,376 shares. Utah Retirement holds 72,755 shares or 0.06% of its portfolio. Nelson Van Denburg Campbell Wealth Management Grp Lc invested 0.03% of its portfolio in Conagra Brands, Inc. (NYSE:CAG). Patten & Patten Tn holds 0.03% or 8,959 shares. Garde reported 17,100 shares. Bnp Paribas Arbitrage Sa owns 0.03% invested in Conagra Brands, Inc. (NYSE:CAG) for 321,622 shares. Cubist Systematic Strategies accumulated 0.01% or 3,855 shares. Da Davidson Co holds 0.07% or 106,429 shares. Jacobs Levy Equity Mngmt holds 11,250 shares or 0.01% of its portfolio. Fjarde Ap has 0.06% invested in Conagra Brands, Inc. (NYSE:CAG). Massachusetts-based Srb Corp has invested 0.02% in Conagra Brands, Inc. (NYSE:CAG). Caxton Associate LP stated it has 16,300 shares.

Since September 1, 2017, it had 0 buys, and 1 insider sale for $1.45 million activity.

Great Lakes Advisors Llc, which manages about $5.40 billion and $4.25B US Long portfolio, upped its stake in Ingersoll Rand Plc (NYSE:IR) by 4,178 shares to 36,394 shares, valued at $3.25 million in 2017Q3, according to the filing. It also increased its holding in Renaissance Re Hldgs Ltd (NYSE:RNR) by 9,541 shares in the quarter, for a total of 26,570 shares, and has risen its stake in O Reilly Automotive Inc New (NASDAQ:ORLY).

Among 28 analysts covering The TJX Companies (NYSE:TJX), 24 have Buy rating, 0 Sell and 4 Hold. Therefore 86% are positive. The TJX Companies had 69 analyst reports since August 10, 2015 according to SRatingsIntel. Wells Fargo reinitiated the shares of TJX in report on Thursday, October 22 with “Outperform” rating. The stock of The TJX Companies, Inc. (NYSE:TJX) earned “Neutral” rating by Credit Suisse on Wednesday, August 16. Nomura maintained the stock with “Buy” rating in Wednesday, January 17 report. Wedbush maintained the stock with “Outperform” rating in Wednesday, August 17 report. The stock of The TJX Companies, Inc. (NYSE:TJX) earned “Outperform” rating by RBC Capital Markets on Wednesday, November 16. Bernstein maintained the stock with “Outperform” rating in Wednesday, May 18 report. Northcoast upgraded The TJX Companies, Inc. (NYSE:TJX) on Thursday, September 7 to “Buy” rating. The stock of The TJX Companies, Inc. (NYSE:TJX) earned “Buy” rating by RBC Capital Markets on Monday, July 24. The stock of The TJX Companies, Inc. (NYSE:TJX) earned “Hold” rating by Jefferies on Tuesday, August 15. The firm earned “Buy” rating on Wednesday, August 19 by S&P Research.

Investors sentiment decreased to 1 in 2017 Q3. Its down 0.02, from 1.02 in 2017Q2. It turned negative, as 59 investors sold TJX shares while 374 reduced holdings. 104 funds opened positions while 328 raised stakes. 550.02 million shares or 0.12% less from 550.70 million shares in 2017Q2 were reported. Department Mb State Bank N A holds 0.01% or 1,489 shares. Federated Invsts Pa holds 832,363 shares or 0.18% of its portfolio. Asset Management One Limited reported 1.04M shares stake. Lee Danner & Bass reported 9,643 shares stake. Asset reported 16,000 shares or 0.21% of all its holdings. Ally Fincl holds 20,000 shares or 0.28% of its portfolio. Alliancebernstein LP holds 0.37% or 6.72 million shares in its portfolio. Hanson Doremus Invest Management invested in 0.01% or 230 shares. Stonebridge Capital Advisors Limited Liability Corp, Minnesota-based fund reported 42,897 shares. Cantab Cap Prtn Llp holds 14,325 shares or 0.15% of its portfolio. State Treasurer State Of Michigan has invested 0.12% of its portfolio in The TJX Companies, Inc. (NYSE:TJX). Vontobel Asset Mngmt owns 2.33M shares or 1.28% of their US portfolio. Confluence Inv Mgmt Ltd Liability Com holds 0.85% or 600,690 shares. State Street owns 27.81M shares. Benjamin F Edwards And invested 0.03% in The TJX Companies, Inc. (NYSE:TJX).

Analysts await The TJX Companies, Inc. (NYSE:TJX) to report earnings on February, 28 before the open. They expect $1.27 earnings per share, up 23.30% or $0.24 from last year’s $1.03 per share. TJX’s profit will be $803.02 million for 15.35 P/E if the $1.27 EPS becomes a reality. After $1.00 actual earnings per share reported by The TJX Companies, Inc. for the previous quarter, Wall Street now forecasts 27.00% EPS growth.

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